iShares U.S. Home Construction ETF $ITB Shares Sold by Total Clarity Wealth Management Inc.

Total Clarity Wealth Management Inc. trimmed its position in iShares U.S. Home Construction ETF (BATS:ITB) by 26.5% during the second quarter, Holdings Channel.com reports. The firm owned 5,088 shares of the exchange traded fund’s stock after selling 1,836 shares during the period. Total Clarity Wealth Management Inc.’s holdings in iShares U.S. Home Construction ETF were worth $474,000 as of its most recent SEC filing.

A number of other hedge funds have also recently modified their holdings of ITB. Whittier Trust Co. of Nevada Inc. purchased a new position in shares of iShares U.S. Home Construction ETF in the 1st quarter valued at $29,000. Farther Finance Advisors LLC grew its position in shares of iShares U.S. Home Construction ETF by 94.5% in the 1st quarter. Farther Finance Advisors LLC now owns 317 shares of the exchange traded fund’s stock valued at $30,000 after buying an additional 154 shares during the last quarter. Golden State Wealth Management LLC grew its position in shares of iShares U.S. Home Construction ETF by 101.5% in the 1st quarter. Golden State Wealth Management LLC now owns 540 shares of the exchange traded fund’s stock valued at $51,000 after buying an additional 272 shares during the last quarter. CX Institutional purchased a new position in shares of iShares U.S. Home Construction ETF in the 1st quarter valued at $64,000. Finally, RMG Wealth Management LLC purchased a new position in shares of iShares U.S. Home Construction ETF in the 2nd quarter valued at $67,000.

iShares U.S. Home Construction ETF Price Performance

BATS ITB opened at $100.19 on Tuesday. The firm’s fifty day moving average price is $108.71 and its 200 day moving average price is $98.50. The company has a market capitalization of $2.30 billion, a price-to-earnings ratio of 10.18 and a beta of 1.31. iShares U.S. Home Construction ETF has a 12 month low of $82.71 and a 12 month high of $129.89.

About iShares U.S. Home Construction ETF

iShares U.S. Home Construction ETF, formerly iShares Dow Jones U.S. Home Construction Index Fund, seeks investment results that correspond generally to the price and yield performance of the Dow Jones U.S. Select Home Construction Index (the Index). The Index measures the performance of the home construction sector of the United States equity market, and includes companies that are constructors of residential homes, including manufacturers of mobile and prefabricated homes.